Gold: 1342.00
Silver: 19.76
And now for the July contract month
For the July gold contract month, we had a huge 3000 notices served upon for 300,000 ounces (9,33 tonnes)
In silver we had 0 notices served upon for nil oz
Let us have a look at the data for today
Several months ago the comex had 303
tonnes of total gold. Today, the total inventory rests at 291.20 tonnes
for a loss of 11 tonnes over that period
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In silver, the total open interest rose
by a considerable 3007 contracts up to 211,529, AND STILL CLOSE TO AN
ALL TIME RECORD. THE OI ROSE AS THE PRICE OF SILVER GALLOPED HIGHER BY
52 CENTS IN YESTERDAY’S TRADING.In ounces,
the OI is still represented by just over 1 BILLION oz i.e. 1.057 BILLION
TO BE EXACT or 151% of annual global silver production (ex Russia
&ex China). The bankers are running FOR THE HILLS as they saw
silver jump immediately into the $19 handle today.xxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
In silver we had 0 notices served upon for NIL oz.
In gold, the total comex gold fell by only 62 contracts despite gold’s fall in price yesterday to the tune of $5.50.
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GLD
Total gold inventory: 953.91 tonnes
SLV
No changes in silver inventory at the SLV
Inventory rests at 333.544 million oz.
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